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The price of Bitcoin has nearly tripled in the last year, and dropped from $1150 to $750 last month. It's neither slow nor steady.
by cjbprime 10y ago
The price of Bitcoin has nearly tripled in the last year, and dropped from $1150 to $750 last month. It's neither slow nor steady.
- fpgaminer 10y agoIt's also at a 0% increase relative to ~3 years ago. 0% is ... very steady.
- kylebenzle 10y agoThat's a silly thing to say.
- dwaltrip 10y agoVolatility has been decreasing by meaningful amounts every year, and will continue to do so if the market size & ecosystem keep growing.
- mrb 10y agoIt's getting slower and steadier. This tripling from $400 to ~$1200 took a good part of a year, but last time Bitcoin did $400 to $1200 it was done in 20 days (last 3 weeks of Nov 2013). That's a huge reduction of volatility.